| Metric | Q3 2019 | Q2 2019 | Q3 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.1B | $1.1B | $1.3B | -1.3% | -15.8% |
| Op. Income | $11M | -$2M | $45M | 650.0% | -75.6% |
| Gross Margin | 21.8% | 21.0% | 19.2% | 0.8pp | 2.6pp |
| Net Margin | -1.5% | -92.5% | -18.2% | 91.1pp | 16.7pp |
| EPS (Diluted) | $-0.08 | $-4.94 | $-1.15 | 98.5% | 93.4% |
| Free Cash Flow | -$27M | -$228M | -$90M | 88.2% | 70.0% |
| Item | Amount |
|---|---|
| REVENUE | $1.1B |
| Cost of Revenue | $859M |
| GROSS PROFIT | $239M |
| R&D Expenses | $1M |
| Selling & Marketing | $0 |
| General & Administrative | $112M |
| SG&A Expenses | $112M |
| Other Expenses | $8M |
| Operating Expenses | $228M |
| Cost & Expenses | $1.1B |
| OPERATING INCOME | $11M |
| Interest Income | $0 |
| Interest Expense | $20M |
| Other Income/Expenses | -$25M |
| INCOME BEFORE TAX | -$14M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | -$16M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$16M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$18M |
| D&A | $115M |
| EBIT | $19M |
| EBITDA | $134M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$16M |
| Depreciation & Amortization | $115M |
| Stock-Based Compensation | $5M |
| Deferred Income Tax | -$8M |
| Other Non-Cash Items | $4M |
| Change in Working Capital | -$82M |
| OPERATING CASH FLOW | $18M |
| Capital Expenditure | -$45M |
| Acquisitions (Net) | $1M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$11M |
| NET CASH FROM INVESTING | -$44M |
| Net Debt Issuance | -$14M |
| Common Stock Repurchased | -$5M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$5M |
| NET CASH FROM FINANCING | -$21M |
| FREE CASH FLOW | -$27M |
| Net Change in Cash | -$49M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $228M |
| Short-Term Investments | $0 |
| Net Receivables | $1.1B |
| Inventory | $0 |
| Other Current Assets | $214M |
| TOTAL CURRENT ASSETS | $1.5B |
| PP&E (Net) | $621M |
| Goodwill | $2.1B |
| Intangible Assets | $487M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $370M |
| TOTAL NON-CURRENT ASSETS | $3.6B |
| TOTAL ASSETS | $5.1B |
| Account Payables | $145M |
| Short-Term Debt | $50M |
| Deferred Revenue | $95M |
| Other Current Liabilities | $596M |
| TOTAL CURRENT LIABILITIES | $1.1B |
| Long-Term Debt | $1.5B |
| Deferred Revenue NC | $23M |
| Deferred Tax Liabilities | $181M |
| Other Non-Current Liabilities | $64M |
| TOTAL NON-CURRENT LIABILITIES | $2.1B |
| TOTAL LIABILITIES | $3.2B |
| Common Stock | $2M |
| Additional Paid-In Capital | $3.9B |
| Retained Earnings | -$1.6B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$419M |
| Other Equity | -$142M |
| TOTAL STOCKHOLDERS' EQUITY | $1.9B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.9B |
| TOTAL LIABILITIES & EQUITY | $5.1B |
| Total Debt | $1.8B |
| Net Debt | $1.5B |
